2014 – 2024 GLOBAL BEAUTY DEVICES MARKET FORECAST & OPPORTUNITIES
www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING
Scope of Report Product of Interest (POI): Beauty Devices
Global beauty devices market is expected to witness healthy growth over the next five years, on account of increasing levels of pollution and its detrimental effects on skin and hair, due to which consumers are opting for various beauty care products. Moreover, surging disposable income, increasing geriatric population and surging awareness about beauty devices are few of the other major factors driving the growth of global beauty devices market.
Market Segmentation PURPOSE
GLOBAL BEAUTY DEVICES MARKET
•
Hair Removal
•
Skin Care
•
Hair Care
•
Others
Year Range Review Period
2014 – 2017 Base Year
DISTRIBUTION CHANNEL
REGION
•
Store-based Retail
•
Europe
•
Non-Store-based Retail
•
North America
•
Asia-Pacific
•
South America
•
Middle East & Africa
2018 Estimated Year
2019 Forecast Period
2020 – 2024
2
Table of Contents S. No.
Contents
1.
Beauty Devices: Product Overview
2.
Research Methodology
3.
Executive Summary
4.
Voice of Customer
5.
4.1.
Brand Recall (Spontaneous and Aided)
4.2.
Willingness to Spend
4.3.
Preferred Point of Purchase
4.4.
Factors Influencing Purchase Decision
Global Beauty Devices Market Outlook 5.1.
Market Size & Forecast 5.1.1.
5.2.
5.3. 6.
By Value
Market Share & Forecast 5.2.1.
By Purpose (Hair Removal, Skin Care, Hair Care and Others)
5.2.2.
By Distribution Channel (Store-based Retail and Non-Store-based Retail)
5.2.3.
By Region (Asia-Pacific, Europe, North America, South America, Middle East & Africa)
5.2.4.
By Company (2018)
Market Attractiveness Index
Asia-Pacific Beauty Devices Market Outlook 6.1.
Market Size & Forecast 6.1.1.
By Value
3
Table of Contents S. No.
Contents 6.2.
6.3.
Market Share & Forecast 6.2.1.
By Purpose
6.2.2.
By Distribution Channel
6.2.3.
By Country
Asia-Pacific: Country Analysis 6.3.1.
China Beauty Devices Market Outlook 6.3.1.1.
Market Size & Forecast 6.3.1.1.1.
6.3.1.2.
6.3.2.
Market Share & Forecast
6.3.1.2.1.
By Purpose
6.3.1.2.2.
By Distribution Channel
India Beauty Devices Market Outlook 6.3.2.1.
Market Size & Forecast 6.3.2.1.1.
6.3.2.2.
6.3.3.
By Value
By Value
Market Share & Forecast 6.3.2.2.1.
By Purpose
6.3.2.2.2.
By Distribution Channel
Japan Beauty Devices Market Outlook 6.3.3.1.
Market Size & Forecast 6.3.3.1.1.
By Value
4
Table of Contents S. No.
Contents 6.3.3.2.
6.3.4.
Market Share & Forecast 6.3.3.2.1.
By Purpose
6.3.3.2.2.
By Distribution Channel
South Korea Beauty Devices Market Outlook
6.3.4.1.
Market Size & Forecast 6.3.4.1.1.
6.3.4.2.
6.3.5.
Market Share & Forecast 6.3.4.2.1.
By Purpose
6.3.4.2.2.
By Distribution Channel
Australia Beauty Devices Market Outlook 6.3.5.1.
Market Size & Forecast 6.3.5.1.1.
6.3.5.2.
7.
By Value
By Value
Market Share & Forecast 6.3.5.2.1.
By Purpose
6.3.5.2.2.
By Distribution Channel
Europe Beauty Devices Market Outlook 7.1.
Market Size & Forecast 7.1.1.
7.2.
By Value
Market Share & Forecast 7.2.1.
By Purpose
7.2.2.
By Distribution Channel
5
Table of Contents S. No.
Contents 7.2.3. 7.3.
By Country
Europe: Country Analysis 7.3.1.
France Beauty Devices Market Outlook 7.3.1.1.
Market Size & Forecast 7.3.1.1.1.
7.3.1.2.
7.3.2.
Market Share & Forecast 7.3.1.2.1.
By Purpose
7.3.1.2.2.
By Distribution Channel
Germany Beauty Devices Market Outlook
7.3.2.1.
Market Size & Forecast 7.3.2.1.1.
7.3.2.2.
7.3.3.
By Value
By Value
Market Share & Forecast 7.3.2.2.1.
By Purpose
7.3.2.2.2.
By Distribution Channel
United Kingdom Beauty Devices Market Outlook 7.3.3.1.
Market Size & Forecast 7.3.3.1.1.
7.3.3.2.
By Value
Market Share & Forecast 7.3.3.2.1.
By Purpose
7.3.3.2.2.
By Distribution Channel
6
Table of Contents S. No.
Contents 7.3.4.
Italy Beauty Devices Market Outlook 7.3.4.1.
Market Size & Forecast 7.3.4.1.1.
7.3.4.2.
7.3.5.
Market Share & Forecast
7.3.4.2.1.
By Purpose
7.3.4.2.2.
By Distribution Channel
Russia Beauty Devices Market Outlook 7.3.5.1.
Market Size & Forecast 7.3.5.1.1.
7.3.5.2.
7.3.6.
By Value
Market Share & Forecast 7.3.5.2.1.
By Purpose
7.3.5.2.2.
By Distribution Channel
Netherlands Beauty Devices Market Outlook 7.3.6.1.
Market Size & Forecast 7.3.6.1.1.
7.3.6.2.
8.
By Value
By Value
Market Share & Forecast 7.3.6.2.1.
By Purpose
7.3.6.2.2.
By Distribution Channel
North America Beauty Devices Market Outlook 8.1.
Market Size & Forecast 8.1.1.
By Value
7
Table of Contents S. No.
Contents 8.2.
8.3.
Market Share & Forecast 8.2.1.
By Purpose
8.2.2.
By Distribution Channel
8.2.3.
By Country
North America: Country Analysis 8.3.1.
United States Beauty Devices Market Outlook 8.3.1.1.
Market Size & Forecast 8.3.1.1.1.
8.3.1.2.
8.3.2.
Market Share & Forecast
8.3.1.2.1.
By Purpose
8.3.1.2.2.
By Distribution Channel
Mexico Beauty Devices Market Outlook 8.3.2.1.
Market Size & Forecast 8.3.2.1.1.
8.3.2.2.
8.3.3.
By Value
By Value
Market Share & Forecast 8.3.2.2.1.
By Purpose
8.3.2.2.2.
By Distribution Channel
Canada Beauty Devices Market Outlook 8.3.3.1.
Market Size & Forecast 8.3.3.1.1.
By Value
8
Table of Contents S. No.
Contents 8.3.3.2.
9.
Market Share & Forecast 8.3.3.2.1.
By Purpose
8.3.3.2.2.
By Distribution Channel
South America Beauty Devices Market Outlook 9.1.
Market Size & Forecast 9.1.1.
9.2.
9.3.
By Value
Market Share & Forecast 9.2.1.
By Purpose
9.2.2.
By Distribution Channel
9.2.3.
By Country
South America: Country Analysis 9.3.1.
Brazil Beauty Devices Market Outlook 9.3.1.1.
Market Size & Forecast 9.3.1.1.1.
9.3.1.2.
9.3.2.
By Value
Market Share & Forecast 9.3.1.2.1.
By Purpose
9.3.1.2.2.
By Distribution Channel
Argentina Beauty Devices Market Outlook 9.3.2.1.
Market Size & Forecast 9.3.2.1.1
By Value
9
Table of Contents S. No.
Contents 9.3.2.2.
9.3.3.
Market Share & Forecast
9.3.2.2.1.
By Purpose
9.3.2.2.2.
By Distribution Channel
Colombia Beauty Devices Market Outlook
9.3.3.1.
Market Size & Forecast
9.3.3.1.1. 9.3.3.2.
10.
By Value
Market Share & Forecast
9.3.3.2.1.
By Purpose
9.3.3.2.2.
By Distribution Channel
Middle East & Africa Beauty Devices Market Outlook 10.1.
Market Size & Forecast
10.1.1. 10.2.
10.3.
By Value
Market Share & Forecast
10.2.1.
By Purpose
10.2.2.
By Distribution Channel
10.3.3.
By Country
Middle East & Africa: Country Analysis 10.3.1.
South Africa Beauty Devices Market Outlook
10.3.1.1.
Market Size & Forecast
10.3.1.1.1. 10.3.1.2.
By Value
Market Share & Forecast 10.3.1.2.1.
By Purpose
10
Table of Contents S. No.
Contents
10.3.1.2.2. 10.3.2.
Saudi Arabia Beauty Devices Market Outlook 10.3.2.1.
Market Size & Forecast
10.3.2.1.1. 10.3.2.2.
10.3.3.
By Value
Market Share & Forecast 10.3.2.2.1.
By Purpose
10.3.2.2.2.
By Distribution Channel
UAE Beauty Devices Market Outlook 10.3.3.1.
Market Size & Forecast
10.3.3.1.1. 10.3.3.2.
11.
By Distribution Channel
By Value
Market Share & Forecast 10.3.3.2.1.
By Purpose
10.3.3.2.2.
By Distribution Channel
Market Dynamics 11.1.
Drivers
11.2.
Challenges
12.
Market Trends and Developments
13.
Competitive Landscape 13.1.
Company Profiles (Leading 10 Global Player)
15.
Strategic Recommendations
16.
About Us & Disclaimer
11
Research Methodology
Market Profiling
In-depth secondary research was conducted to determine top players in the global beauty devices market, overall market size and segmental market size.
Formulating Questionnaire
In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide.
Developing List of Respondents
Data Collection
Data Validation
Data obtained as a result of primary and secondary research was validated through rigorous triangulation.
TechSci conducted interviews with industry experts and industry players for data collection and verification.
List of industry players and industry specialists was developed.
Primary Research
Data Collection
Data Filter & Analysis
Research & Intelligence
Actionable Insights
Business Solution
LinkedIn TechSci Internal Database
✓ Recent Developments ✓ Market Changing Aspects/Dynamics ✓ Government Policies ✓ Final Conclusion
✓ Identifying Key Opinion Leaders ✓ Questionnaire Design ✓ In-depth Interviews
Primary Research ✓ ✓
Desk Research
Secondary Research ✓ ✓ ✓ ✓ ✓ ✓ ✓
Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc.
Data Analysis
The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the Global beauty devices market.
Company Analysis ✓ Market Participants ✓ Key Strengths
Paid Sources
✓ ✓
Factiva Hoovers
12
Research Methodology Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of global beauty devices market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing levels of pollution and its detrimental effects on skin and hair, due to which consumers are opting for various beauty care products, etc. are speculated to drive the growth of the market during the next 5 years. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in global beauty devices market.
Methodology Followed for Calculation of Market Size:
•
Market Size By Value : Market size, in terms of Value, for the year 2018 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as beauty devices manufacturer & suppliers, channel partners, market influencers & end users, industry experts, and other industry participants.
•
The team interviewed more than 100 stakeholders in the global beauty devices market to obtain the overall market size from 2014-2018, which was
validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data from 2014-2018.
13
Research Methodology Respondents were asked about the current and future market growth rates, market shares by purpose, by distribution channel, by each region. Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders. Methodology Followed for Calculation of Market Shares: Market shares by purpose, by distribution channel, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various types of beauty devices servicing different purposes. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: •
TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software.
•
Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global Beauty Devices market, TechSci Research used various forecast techniques such as:
✓
Moving Average
✓
Time Series Analysis
✓
Regression Analysis
✓
Econometric and Judgmental Analysis
14
Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium- and long-term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is United States Dollar (USD), with the market size indicated in USD million. Partial List of Companies Interviewed
Key Secondary Sources
▪ Procter & Gamble Company
▪ World Bank
▪ Panasonic Corporation
▪ TechSci Research Proprietary Database & Knowledge Repository
▪ Koninklijke Philips N.V.
▪ Company Annual Reports
▪ Dyson Ltd.
▪ Industry Magazines
▪ Spectrum Brands, Inc.
▪ Industry Reports
▪
Conair Corporation
▪ News Dailies
▪
Beurer GmbH
▪ Credible Paid Databases
▪ L’Oreal SA ▪ Groupe SEB ▪ Hangsun Limited
15
INDUSTRY BRIEF According to TechSci Research report, “Global Beauty Devices Market By Purpose, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024”, global beauty devices market is projected to surpass $ 34 billion by 2024, on the back of rapid innovations in the hair removal and hair care related industry. Moreover, growing consumer demand for portable devices with high battery backup is further positively impacting the growth of the beauty devices market. Additionally, increasing demand for high-quality skin care and hair care devices and the speedily growing online stores are some other factors that are anticipated to contribute to the growth of beauty devices market during the forecast period.
In terms of distribution channel, the beauty devices market is categorized into store-based retail and non-store-based retail. Store-based retail accounted for the majority share of global beauty devices market in 2018. Non-store-based retail is also witnessing a healthy growth owing to growing popularity of the e-commerce market. Moreover, e-commerce and technology are transforming this category with new user experiences, where luxury brands and small start-ups alike are racing to embrace e-commerce, making this channel even stronger. In terms of region, the global beauty devices market is categorized into North America, Asia-Pacific, Europe, Middle East & Asia and South America. The market for beauty devices in Asia-Pacific was the largest in 2018 on account of presence of major manufacturers in the region
and a large customer base, especially young population. Among the countries, US beauty devices market accounted for more than onefourth of the global beauty devices market in 2018. The growth in US beauty devices market is majorly due to the wide acceptance of technologically advanced products and the presence of major industry players in the country. “Global beauty devices market is anticipated to register a steady growth during forecast period. The growth in the market is led by technological advancements and rising beauty consciousness among women across the globe. Moreover, increasing air pollution levels along with rising concentration of pollutants in the air is resulting in various skin problems such as skin ageing, pigmentation, etc., which would further steer growth in global beauty devices market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
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SAMPLE DATA - SNAPSHOT Global Beauty Devices Market Share, By Value (USD Million),
Global Beauty Devices Market Size, By Value, 2019E & 2024F (USD Million)
2014–2024F
$XX Million 2024F
XX% CAGR 5.00
$XX Million
7.00
6.00
8.00
9.00
10.00
11.00
12.00
13.00
14.00
15.00
2019E
2014
CAGR By Value
2018 2019E
CAGR By Value
2024F
YY%
XX% Germany Beauty Devices Market Share, By Distribution Channel, By Value, 2014–2024F
Non-Store-based Retal
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
Store-based Retail
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
50%
2014
2015
2016
2017
2018
2019E
2020F
2021F
2022F
2023F
2024F
17
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Report Name: GLOBAL BEAUTY DEVICES MARKET FORECAST & OPPORTUNITIES 2014 – 2024
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$9450
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About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in a number of areas to organizations. The company uses innovative business
models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market.
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Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.
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